NOT LISTED FOR SALE

2117 247th St Lomita, CA 90717

Estimated Value: $952,000 - $1,160,000

9 Beds
5 Baths
3,784 Sq Ft
$276/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $956,000 $253 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,838/month

9 Days on Market

About This Home

As of July 2022

Probate Sale! Investment Opportunity! Highly sought after rental area near the border of Southeast Torrance, you are close to all amenities and less than 5 miles to beach. This property has quite a bit of upside. Sold in present "as-is" physical conditions. Needs some TLC, but you can build equity. This 4-unit property is priced to sell. Opportunity knocks for you to become a Landlord and generate cash flow.

Last Agent to Sell the Property

Bruce Stewart

Century 21 Diamond License #00687384 Listed on: 05/04/2022

Century 21 Diamond

Last Buyer's Agent

Craig Mattison

Redfin License #01855487

Redfin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,919

Year Built

  • Built in 1964

Lot Details

  • 7,352 Sq Ft Lot
  • Two or More Common Walls
  • Lawn
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • 3,784 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 7434
  • Assessor Parcel Number 7376018019

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $1,600
  • Water Sewer Expense $3,000
  • Operating Expense $7,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,919

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 310 994-6888
  • Price Per Unit: 225000
  • Property Attached: Yes
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 3000.00
  • Zoning: LOR1*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 7376018019
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 252.64

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 7352.00
  • Lot Size Acres: 0.1688

Multi Family

  • Insurance Expense: 2500.00
  • Lot Size Area: 7352.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Expenses: 7100.00

Tax Info

  • Tax Census Tract: 6700.03
  • Tax Lot: 26
  • Tax Tract Number: 7434

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
May 25, 2022
Sold by
Henri Summer Miles
Bought by
Mattison Douglas Craig and Mattison Gena Michelle
Seller's Agent
Bruce Stewart
Century 21 Diamond
Buyer's Agent
Craig Mattison
Redfin
List Price
$900,000
Sold Price
$956,000
Premium/Discount to List
$56,000
6.22%
Current Estimated Value
$1,052,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,333

Purchase Details

Closed on
Jun 3, 1999
Sold by
Carter Doris L
Bought by
Carter Doris L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.9%

Purchase Details

Closed on
Mar 24, 1999
Sold by
Carter Doris L
Bought by
The Doris Carter Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mattison Douglas Craig $956,000 Chicago Title
Carter Doris L -- American Title Co
The Doris Carter Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carter Doris L $190,000
Previous Owner Carter Doris L $190,000
Previous Owner Carter Doris L $165,000
Previous Owner Carter Doris L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $956,000 0.0% $253 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/10/2022 05/10/22 Off Market $956,000 -- --
05/04/2022 05/04/22 For Sale $900,000 -- $238 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,919 $994,622 $769,896 $224,726
2024 $12,919 $975,120 $754,800 $220,320
2023 $16,606 $1,285,000 $700,000 $585,000
2022 $2,512 $110,144 $45,482 $64,662
2021 $2,478 $107,986 $44,591 $63,395
2020 $2,483 $107,999 $44,134 $63,865
2019 $2,419 $105,904 $43,269 $62,635
2018 $2,288 $103,850 $42,421 $61,429
2016 $2,140 $98,743 $40,775 $57,968
2015 $2,109 $97,261 $40,163 $57,098
2014 $2,126 $95,357 $39,377 $55,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22092412

California Regional Multiple Listing Service (CRMLS)

APN: 7376-018-019